The global GaN semiconductor device market is entering a transformative growth phase as demand for high-efficiency power electronics, electric vehicles (EVs), renewable energy systems, 5G infrastructure, and advanced consumer electronics continues to rise.
The global GaN semiconductor device market is projected to reach USD 28.3 billion by 2028 from valued at USD 21.1 billion in 2023, growing at a CAGR of 6.1% during the forecast period.
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